The IMF warns of rising economic risks in Asia from trade tensions and slowing growth in China.

The International Monetary Fund (IMF) has warned of rising risks to Asia's economy due to escalating trade tensions, slowing growth in China, and potential market instability. While the IMF slightly improved its 2024 growth forecast for the region to 4.6%, it cautioned that factors like geopolitical tensions and China's property sector issues could hinder long-term stability. The IMF emphasized the need for cautious economic management to navigate these challenges.

November 01, 2024
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